Options for Passing Your Family Home Down to Your Children

It is not uncommon to want to pass a home full of fond family memories down to your children and keep it in the family for future generations to enjoy it in the same way that you did. To fill it with their family and continue creating warm memories. When you get down to the […]

Today’s Retirement Plans Could Use a Shift from the 4 Percent Rule

Back in the mid-90’s the rule of thumb for retirement planning was the Four Percent Rule. This rule was authored in 1994 by a financial advisor, basically stating that retirees should plan to withdraw about four percent from their retirement funds per year to live on with an inflation adjustment each year. This was projected […]

The Fed Plans to Keep Interest Rates Low Until Inflation Catches Up

Federal Reserve Officials are planning to keep loan interest rates historically low and near zero through at least 2023. This is a tactic to hopefully help the rest of the economy back to full strength after the recession caused by the pandemic brought things to slump. All of this was communicated in their September policy […]

Three Important Considerations When Caring For Aging Parents

Most of us like to believe that our parents will always remain the strong and vibrant individuals we remember from our childhood. It’s not easy to accept that one day we may have to take on the role of our aging parents’ caregivers. However, it is a fact of life that many of us will […]

Washington State’s Public Long-Term Care Insurance Program

On May 13th, 2019, Governor Jay Inslee signed the law that would make Washington the first state in the U.S. to establish a program to help offset the costs of long-term care (LTC). The program provides Washingtonians with a lifetime benefit of up to $36,500 to pay for the long-term care costs of individuals who […]

What Better Place To Spend Time Outdoors Than Washington State?

Summer is a spectacular time of year to spend time outdoors. Washington state is blessed with outdoor recreational opportunities for just about anyone. After having to spend most of our time indoors due to “Stay Home, Stay Healthy” in order to help our state limit the spread of COVID-19, we all deserve some time in […]

SECURE Act: How Does It Affect Your Retirement Planning

On December 19th, 2019, the U.S. Senate approved a bill called the Setting Every Community Up for Retirement Enhancement Act or the SECURE Act which became law on January 1st, 2020. This bill includes significant provisions to improve the state of retirement security for all Americans by helping you gain increased access to tax-advantaged accounts […]

Lost Your Job Or Laid Off? What You Need To Know About Managing Your Retirement Plan

Due to the current global pandemic, numerous businesses have been seriously affected and either had to downsize by laying off employees or even close their doors permanently. This is especially true for organizations that were experiencing significant financial issues prior to the pandemic. Unfortunately, Alcoa’s Intalco Works aluminum smelter near Ferndale in Whatcom County is […]

Multop’s Featured Client: Steve Seymour – Oyster Farmer & Restaurateur

Steve Seymour is one of those few fortunate souls who has managed to spend his life doing exactly what he enjoys. His love for the sea led him to leave sunny Southern California in his 20s and relocate to wetter Northern California in order to pursue Fisheries Biology. And in the 1980s, he became involved […]

The 3 Greatest Mistakes You Must Avoid Before Retirement

Who doesn’t look forward to their “Golden Years”? We can’t wait to be free of the shackles of work and finally relax and enjoy our life! Well, unless you are extremely wealthy and have numerous sources of income that will continue flowing even after your retirement, you need to take the time to plan carefully […]

Two Simple And Effective Ways To Save For The Future

At Multop Financial, we believe that retirement planning was “once a luxury for a few, now a necessity for all.” Naturally, this means that you need to understand that you have to keep in mind that saving money should be one of your top priorities – which is something many people don’t really want to […]

Multop Financial Joins Forces With Clarity Capital Management

Multop Financial is pleased to announce the affiliation with Clarity Capital Management in Kent, WA. Together with our new partners and new president Matthew Bumstead, owner of Clarity Capital, we have assembled a trusted team of consummate independent financial advisors who can provide you with the resources and services essential for a stable financial future. […]

Have You Considered When To Take Your Social Security Benefits?

Deciding when to apply for your Social Security benefits is not as simple as it may seem. For the average retiree, Social Security consists of a large portion of his or her income so it’s important for you to take time and ideally consult a retirement planning advisor who will help you make more appropriate decisions […]

Four Important Retirement Planning Considerations

No matter how well you think you are prepared for the retirement milestone, you really won’t understand how much your life will change unless you experience it first hand. Nevertheless, it doesn’t hurt to listen to the advice of individuals who have been retired for some time and, of course, your trusted financial advisors who […]

Lifestyles Client Feature: Vanessa Berg

A business blooms in Alaska… Seven years ago, when Vanessa Berg’s daughter was getting ready for a September wedding, they had their hearts set on peony flowers to be the floral theme.  They soon realized that this specific flower could not be found easily during the fall since typical blooming season ends in the summer. […]

Safe Withdrawal Rates

Safe Withdrawal Rates Withdrawing the right amount of money from savings and retirement accounts is one of the most important retirement planning criteria that needs to be addressed. Take too much and you break your piggy bank. Take too little and you leave some lifestyle opportunities on the table. You need to get as close […]

Lemon Pie Bars

Lemon Pie Bars Crust: 1c butter ½ c powdered sugar 2 c flour Mix and press into lightly greased 9×13 pan. Bake at 350 for 15 minutes. Filling: 4 beaten eggs w/ ¼ tsp salt 2 c sugar ½ c flour 4-6 Tbsp lemon juice (to taste) Mix together and pour over baked crust. Bake […]

Tax Law Highlights & Changes

There are many changes, but these are some that will apply to the majority of our clients… Income tax brackets for individual taxpayers are 10%, 12%, 22%, 24%, 32%, and 37%. Old law the brackets were 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. Standard deductions have almost doubled. 2018 it is $24,000 for married. […]

Apple Dumplings – Fall Recipe!

Fall Recipe! Apple Dumplings Thanks to Bonnie from our accounting department, we’re reminded of some supermarket shortcuts that when popped in the oven, fill the house with the fragrance of fall! A splurge with apples and an unexpected ingredient makes this fun and family-friendly recipe a real crowd pleaser! Sure, there are a few calories […]

Multop’s Featured Client – May 2018

Multop’s Featured Client Chris Pomeroy – Firefighter & Avid Outdoorsman Growing up on a dairy farm in Custer, WA, Chris had every intention of following in his father’s footsteps to become a dairy farmer. However, that all changed at the age of 17 after he witnessed a neighbor’s devastating house fire. Despite the best efforts […]

Simplify Your Bookkeeping!

Do you use QuickBooks? Do you find yourself asking, “Is there an easier way to do this?” or “Why don’t my year-end statements come out right?” I can help! My name is Lisa and I’ve been a bookkeeper for 19 years. As part of the Multop Financial accounting department, I can offer my expertise as a Quickbooks Pro […]

Debunking Annuity Myths and Misconceptions

Be our Guest! Multop Financial’s Educational Series Continues… Featuring senior managing officers from several of the largest and most recognized financial companies in the country. Friday, June 8th, 2018 – Bellingham Golf & Country Club Breakfast served at 8:30 am | Program begins at 9 am | Event concludes at 10:30 am Click Here to […]

Pay the doctor & save tax, too!

Memo from our Tax & Financial Planning Departments: Healthcare is costly, and on the rise! In 2017, couples spent on average $275,000 for medical expenses during retirement. Costs are only expected to rise in the future with inflationary cost contributing to that increase. Have you considered opening a tax advantage Health Savings Account to invest […]

2018 Tax Fact Sheet

Memo from our Tax Department: We are still absorbing the facts and determining the bottom line results for our clients with regards to the 2018 Tax Cuts & Jobs Act. We have summarized some of the key points in the attached Tax Fact Sheet, but it is literally a case-by-case situation with regards to comparing […]

Season’s Harvest Hot Apple Cider

Nothing is better than stepping into your home after a chilly fall day and being warmed by the fragrant aroma of slow cooked hot apple cider. Sharing with you her signature recipe, Lisa Imel, Multop Financial’s Bookkeeper and QuickBooks expert, combines classic ingredients with fresh picked off the tree apples. Prep: 5 mins    Cook: […]

Community Fun With The Golf Cannon!

2017 Event Appearances The Multop Financial golf cannon has had a busy summer out on the links! “The Marshal” has participated in a number of golf tournaments and special events in Whatcom County. We love getting the opportunity to share the history and meaning behind the cannon, along with supporting many great causes in the […]

Demystifying Social Security and Medicare

Be Our Guest! Multop Financial's Educational Series Continues... Featuring nationally acclaimed author & speaker, ANDY LANDIS. Friday, October 20th, 2017 - Bellingham Golf & Country Club Breakfast served at 8:30 am | Program begins at 9 am | Event concludes at 10:30 am Social Security 102: Basics and Beyond—Advanced Planning Strategies Everyone pays for Social [...]

Upcoming Events – Bellingham & Alaska

Multop Financial is holding several retirement planning meetings locally and in Alaska over the next few months. Contact us or email us at info@multop.com for dates and locations.

Multop’s Featured Client – June 2017

Multop’s Featured Client Pam & Fin Lyons – The Reverse Dogsled Race At approximately 2:20 am on an early February morning, a fast-moving and devastating fire blazed through a 30-unit apartment complex in Anchorage, AK that left 2 people dead, 16 injured, and displaced many residents and families. Even though the fire department was able […]

Multop Financial Team Focus – June 2017

Lisa Imel – Bookkeeping & Accounting Lisa joins Multop Financial as a Certified QuickBooks ProAdvisor with over 16 years of bookkeeping experience. Her prior work with CPA firms has given her experience with clients in many different industries. Lisa became a ProAdvisor in 2009 and enjoys learning and sharing all the new tips and tricks […]

Tour Our Firm

Designed with the client in mind For those of you who have visited our office, you know that we take great care and pride in presenting a beautiful space to make every guest feel welcome. Our walls feature the Multop’s unique collection of artwork, most of which is in support of local Bellingham and Whatcom […]

e-Compass – January 2017

Multop's Featured ClientMonty & Shawna Bosman - South Africa Mission Trip As one can imagine, traveling to South Africa from the Pacific Northwest takes some serious time and planning. To complicate matters further, the 17 member team from the First Reformed Church in Lynden had to travel with all of their supplies due to the [...]

e-Compass – May 2016

Midnite Sun Reindeer Ranch In the late 1960’s, Larry Davis traveled by snow machine from Nome to the northern side of the Seward Peninsula, returning with 200 reindeer; a herd that would mature to over 8,000 in the 1990’s, thus establishing the Midnite Sun Reindeer Ranch. The majority of the herd strayed with wild caribou […]

e-Compass – December 2015

A True Moose Tale -Dan & Gail Presley Multop has had the privilege of assisting former ARCO/BP employee of 34 years, Dan Presley, effectively transition into retirement and is thrilled to hear what he and Gail have been up to. Here is one of Dan’s stories he has graciously shared with us to share with […]

e-Compass – May 2015

Land of Dust Throughout our lives we set and achieve many goals; some goals expect immediate accomplishment, others require a strategic target requiring significantly more time for completion. When presented with the opportunity to realize a personal goal of truly making a difference over the long term, Robert and Linda Gist took advantage and have […]

e-Compass – December 2014

A Helping Hand Getting to know Client and ARCO/BP Retiree, Joseph Wilson, and his wife, Robin. We would like you to meet Joseph and Robin Wilson. We are inspired by their passion and we believe you will be, too. Joe Wilson, explains, there are many people in this world who take for granted their comfortable […]

e-Compass – October 2014

A Helping Hand Getting to know Client and ARCO/BP Retiree, Joseph Wilson, and his wife, Robin. We would like you to meet Joseph and Robin Wilson. We are inspired by their passion and we believe you will be, too. Joe Wilson, explains, there are many people in this world who take for granted their comfortable […]

e-Compass – May 2014

A Journey Through Retirement This edition’s client feature is the Cheadle family. Randy and Kathy’s passion for life and adventure is fun to read about and we thank them for sharing some of their retirement highlights with us. An interview with Client and ARCO/BP retiree, Randy Cheadle. Retirement. What does it mean to you? For […]

e-Compass – March 2014

Easter is a special time of celebration, and for many families it’s not only a time to worship, but also a time to bring out the family recipe box and enjoy traditional dishes that evoke memories of our childhoods. For me, that special dish is English Trifle, made famous in my family by my paternal […]

e-Compass – December 2013

Mel’s Merry Martinis! Here are two of the Multops’ favorite martini recipes, invented and perfected especially for the holidays! Both recipes can easily be adapted into a non-alcoholic version. Cheers to a Merry Christmas and Happy New Year! Santa’s Helper A pretty pink cocktail of pressed pear, pomegranate and mint, shaken with St. Germaine, vodka […]

e-Compass – September 2013

“For Me, This is Paradise” An interview with Client and ARCO/BP retiree, Tim Clossey Taking his passion for engineering from the workplace to a retirement hobby, Tim Clossey shares his story and his passion for building motorcycles. And as you will learn, thes e aren’t just your average bikes and Tim is not your average […]

e-Compass – June 2013

The Fish That Didn’t Get Away A True Blue Marlin Story As told by Ted Newman I woke up early in Cabo San Lucas, Mexico on Cinco De Mayo ready for deep sea fishing. I, along with my fellow advisor Tyler Ryan and our client Ron Fite made our way to Los Cabo Harbor to […]

e-Compass – April 2013

Multop Financial Team Focus Announcing Our Junior Team Member Proud first-time parents Aretha Allen and Tyler Ryan announce the birth of their daughter Camille Grace Ryan. Camille was born at 11:45 AM on February 1. Weighing 7 pounds, 15 ounces and 21 inches tall, Camille has brought endless joy to her family from the beginning. […]

e-Compass – January 2013

John Sedgwick John Sedgwick – Creative Photographer and Photography Workshop Leader “Curiosity about life in all of its aspects, I think, is still the secret of great creative people.”– Leo Burnett “A picture is a poem without words.” Anyone who has seen John Sedgwick’s photography is bound to agree with this quote by Horace, an […]

e-Compass – April 2012

At Multop Financial, helping our clients reach success in their lives is our goal and our passion. Success can mean many different things: career accomplishments, family security, and enjoyment of personal hobbies, to name a few. Our “Lifestyles” page is designed to applaud the success of our clients, and to explore some of the interesting […]

e-Compass – September 2011

Business Beacon “Find something you love to do and you’ll never have to work a day in your life.” –Harvey MacKay. Rhonda Gothberg – Gothberg Farms “When work, commitment, and pleasure all become one and you reach that deep well where passion lives, nothing is impossible.” This quote from Virgil, an ancient Roman poet seems […]

e-Compass – May 2011

Business Beacon Jalapeños Mexican Restaurant Deliciosa comida y un excelente servicio – Delicious food and great service! You can’t live in Bellingham for too long without noticing the brightly painted Jalapeños Mexican Restaurant on Holly Street by the waterfront. Home of the “Big Mama” margarita and friendly, family service, Jalapeños is the result of Jesse […]

e-Compass – May 2010

Hobby Highlight “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams. Bob Marvel “Let us run with endurance, the race that is set before us.” Hebrews 12:1 When featuring a Pastor who is also a marathon runner, we thought this verse […]

e-Compass – March 2010

Tim & Janet Murphy Two kids, two years and ten thousand miles! Sometimes as parents we ask ourselves questions such as, “what should we do with the kids this weekend?” … or … “what board game should we play tonight.” In Tim & Janet Murphy’s case, they asked themselves, “Where should we take the kids […]

e-Compass – February 2010

Multop Financial Hobby Highlight “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams. Barbara & Ray Littlefield – How they learned about the important things in life … For this month’s client profile, we had planned to feature Barbara Littlefield’s work […]

e-Compass – December 2009

Hobby Highlight “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams. Michael Hannah, Executive Chef for Bellingham Golf and Country Club We are highlighting Michael Hannah as our Hobby Highlight this month because he is one of those people who enjoy […]

e-Compass – November 2009

Multop Financial Hobby Highlight Eldon Abbott – Vintage Automobile Enthusiast “If your actions inspire others to dream more, learn more, do more and become more, you are a leader.” – John Quincy Adams. We would like to introduce you to Eldon Abbott. Eldon has enjoyed collecting and racing cars for the past 63 years. Eldon […]